Corresponding Provision definition
Examples of Corresponding Provision in a sentence
The Maker shall notify the Holder in advance of any such amendment, waiver, supplement or other modification to any Corresponding Provision in the Existing Credit Agreement, keep Holder reasonable informed on a current basis as to the status of any such amendments, waivers, supplements or other modifications (including by providing copies of drafts) and, upon execution, concurrently provide a copy thereof.
For the avoidance of doubt, it is understood that Proceeds realized by the Partnership are distributed among the Partners pursuant to this Article 6 and net cash flow realized by the TRS CV shall be distributed pursuant to the Corresponding Provision.
It shall be a condition to any purchase of the General Partner’s interest that the entire interest of the general partner under the TRS CV Agreement shall have been simultaneously purchased under the Corresponding Provision.
It shall be a condition to the dissolution of the Partnership pursuant to this paragraph that the Limited Partners (other than the Host Limited Partner) shall have voted for the dissolution of the TRS CV pursuant to the Corresponding Provision.
It is a condition to any Non-Defaulting Limited Partner making a Total Drawdown Default Loan, Default Loan or a Default Contribution that such loan or contribution be made under the Corresponding Provision in the same percentage of the Total Default Amount or Default Amount (as applicable), unless otherwise agreed by the Non-Defaulting Partners.
It is a condition to any Non-Defaulting Limited Partner making a Total Drawdown Default Loan, Default Loan or a Default Contribution that such loan or contribution be made under the Corresponding Provision in the same percentage of the Total Drawdown Amount or Default Amount (as applicable), unless otherwise agreed by the Non-Defaulting Partners.
The maximum aggregate amount of liability of the Seller hereunder and under the Corresponding Provision shall be limited to an amount equal to the sum of the Purchase Price and the Corresponding Purchase Price.
Purchaser shall coordinate its response to the Net Credit Statement with BlackRock's response to the Corresponding Net Credit Statement and the Purchaser's response hereunder shall not be inconsistent with that of BlackRock under the Corresponding Provision.
Consequently, the Seller has no responsibility or liability with respect to any allocation of the Transferred Assets between the Purchaser and BlackRock, or any allocation of the rights and obligations thereof under this Agreement and the BlackRock Asset Purchase Agreement, including as to the application of Indemnifiable Losses and Corresponding Indemnifiable Losses of the Purchaser or BlackRock to the deductible amount contemplated in Section 10.2(b) and the Corresponding Provision.